citi Archives - Coinspeaker

Citi Warns of Declining Crypto-Equities Correlation

Bitcoin’s volatility should decrease over the long term as institutions deepen their involvement, Citi pointed out.

Citibank and Fidelity International Announces Proof-of-Concept Digital FX Swap to Streamline Real-time Settlement

News

By Steve Muchoki Nov 4, 2024

Both Fidelity and Citi will showcase their latest product at the Monetary Authority of Singapore (MAS) booth during the Singapore Fintech Festival 2024 event.

Cantor Fitzgerald CEO Highlights Roadblocks Holding Back TradFi’s Bitcoin Adoption

Bitcoin News

By Anisha Pandey Sep 4, 2024

A major push for Bitcoin in TradFi came from the approval of spot Bitcoin ETFs by the US SEC in January.

Bonds, Market News, News

Asian Infrastructure Investment Bank (AIIB) Raises $300M in First-Ever Digital Bond Issuance

By Mayowa Adebajo Aug 23, 2024

This adoption of blockchain technology in bond issuance marks a major step forward. Particularly, for the benefits it offers.

Cryptocurrency News, News

Citigroup Executive Shobhit Maini Leaves to Pursue Crypto Opportunities

By Temitope Olatunji Aug 13, 2024

Maini was reported to have spent 14 years at Citigroup before stepping down from his role in the bank’s market division.

Blockchain News, Cryptocurrency News, News

Mastercard Joins Citi and JPMorgan to Test DLT Settlements

By Chimamanda U. Martha May 8, 2024

The trial will see companies such as BNY Mellon, Broadridge, the DTCC, ISDA, and Tassat Group serve as project contributors, providing their expertise for it.

Funds & ETFs, Market News, News

BlackRock Bitcoin ETF IBIT Crossed $15B in AUM, Launches New Ads

By Bhushan Akolkar Apr 12, 2024

BlackRock has started heavy advertising for its IBIT Bitcoin ETF on Bloomberg’s home page to leverage its position in the current market momentum.

Blockchain News, Cryptocurrency News, News

Citi Explores Private Fund Tokenization on Avalanche in Latest Blockchain Bet

By Steve Muchoki Feb 15, 2024

Citi highlighted that it will continue to develop digital assets solutions in a bid to enhance its products in a regulated manner.

Funds & ETFs, Market News, News

UBS and Citi Expected to Allow Some Customers to Trade Bitcoin ETFs

By Steve Muchoki Jan 12, 2024

Investors interested in Bitcoin ETFs in the US have been transferring their 401k retirement plans to institutions offering seamless trading in a bid to obtain financial freedom.

Bitcoin News, Cryptocurrency News, News

Former Citigroup Executives Debut Bitcoin Securities Requiring No SEC Sanction

By Godfrey Benjamin Jan 4, 2024

Some institutions are hesitant to buy Bitcoin directly due to challenges in the crypto markets, such as security risks and regulatory uncertainty. BTC DRs aim to address these concerns.

Altcoin News, Blockchain News, Cryptocurrency News, News

Avalanche (AVAX) Price Shoots by Staggering 25% amid JPMorgan and Citi Embrace

By Bhushan Akolkar Nov 16, 2023

As part of the partnership, the LayerZero Labs to connect Onyx with a permissioned Avalanche Evergreen Subnet, enabling seamless subscriptions and redemptions for funds offered by WisdomTree Prime.

Blockchain News, Cryptocurrency News, Market News, News

World Bank Issues First Digitally Native Note on Luxembourg Stock Exchange

By Bhushan Akolkar Oct 25, 2023

The basis for this issuance was Corda, R3’s digital ledger technology (DLT) platform that offers a sustainable infrastructure for digitally native notes.

Blockchain News, Cryptocurrency News, News

Citigroup Announces Piloting of Citi Token Services to Enhance Cross-Border Payments

By Steve Muchoki Sep 19, 2023

Through the use of blockchain technology, Citigroup anticipates reducing cross-border timelines from days to instantaneous.

Business News, Indices, Market News, News, Stocks

Nasdaq Composite Soars Over 1% as Tech Stocks Rebound

By Godfrey Benjamin Aug 30, 2023

At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data.

Blockchain News, Cryptocurrency News, News

Ripple Joins Goldman Sachs and London Stock Exchange in ISDA to Influence Global Derivatives Market

By Tolu Ajiboye Aug 8, 2023

Ripple has now joined more than a thousand members of the ISDA to shape the global derivatives market and contribute to key decisions.